NZDUSD Short-term Technical Outlook

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
These technical outlooks are NOT trade ideas, they are simply technical analysis to give traders a DIRECTIONAL BIAS on the day.

Good evening traders.

Bias has shifted from the upside to neutral after swift rejection off the .70440 highs now acting as key resistance to keep buyers in check.

Only a break above will expose further upside.

Key support lies at .6940. Only a break below will expose further downside.

A break above today's current high at .6972~ will likely signal buyers have control for the day.

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